Absa Group has forged a strategic partnership with Huawei to launch a private cloud solution, designed for African markets, accelerating the bank’s evolution into a digital-first, cloud-native organisation.
According to a joint statement, the move marks a significant milestone in the financial institution’s journey to enhance customer experience, streamline operations, and advance financial inclusion across the continent.
Absa has emphasised that the platform will enable it to deliver more personalised financial services, while ensuring local data sovereignty, and regulatory requirements across its pan-African footprint.
The collaboration is particularly timely as financial institutions across the region pursue modernisation and resilience in the face of evolving customer needs, tightening data regulations, and growing cyber threats.
Developed on Huawei’s robust cloud infrastructure, the solution will be rolled out across Absa’s African markets and is designed to support rapid service rollout, and improved data governance, while fast-tracking innovation in payments, lending, and financial inclusion.
Absa further noted that the solution will enable its ambitions to deliver digital solutions that are locally relevant, trusted, and tailored to the unique needs of the region’s dynamic markets.
Commenting on the partnership, Absa Group executive for Africa regions, Charles Russon, said: “This partnership reflects our ambition to lead with technology that delivers real impact. By building a secure, cloud-native foundation designed for Africa’s unique realities, we’re creating the ability to serve customers better with experiences that are faster, safer, and truly reflective of the communities we operate in.”
Echoing the sentiment, Will Meng, CEO of Huawei South Africa underlined the crucial need to build a private cloud infrastructure that drives innovation and regulatory compliance across Africa.
“This partnership reflects our shared vision of delivering secure, scalable, and intelligent financial services to communities across the continent,” he concluded.
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